EWEA presents market design vision at OECD event in Paris

Speaking at a side event organised by the OECD, Dickson said that power markets must be reformed so that electricity can be traded at the closest time to production through so-called 'intraday markets'.

He also argued that cross-border electricity trading should be facilitated and additional revenue streams for renewable energy generators such as grid support services – otherwise known as ancillary services – should be developed to supplement the energy-only market.

"Wind energy is capable of providing additional services such as voltage and frequency control, but these elements are not yet adequately rewarded," Dickson added.

Today wind energy is achieving a scale and cost-effectiveness that are transforming the energy landscape. Yet low wholesale electricity prices, depressed by a combination of low demand and overcapacity in conventional generation assets, are impacting investments in new installations. To tackle this lawmakers need to reform Europe's energy markets by increasing interconnections, broadening the balancing area and facilitating electricity trading across all timeframes.

EWEA is the voice of the wind industry, actively promoting wind power in Europe and worldwide. It has over 600 members, which are active in over 50 countries, making EWEA the world's largest and most powerful wind energy network.